In an article I published earlier this month, I looked at the mindset common to most big-government centralizers, pointing out that they believe themselves more intelligent and better able to run your life than you.
Nowhere do we see this tendency toward arrogance more than in the field of economics. Ask virtually any politician or policy wonk and he will tell you that with just the right program, government can create ideal economic outcomes. Keep in mind they get to define “ideal.”
Sen. John Kerry put the “I know better than you” attitude of a central planner on full display during a 2009 speech on the Senate floor.
“A tax cut is non-targeted. If you put a tax cut into the hands of either a business or an individual today, there is no guarantee they’re gonna invest their money. There’s no guarantee they’re gonna invest their money in the United States. They’re free to go to invest anywhere that they want, if they choose to invest… The fact is; none of those people are guaranteed to invest that money in any of the new projects that we are… So government, yes government, has the ability to make a decision that the private sector won’t necessarily make today.”
Both sides do it. Liberals have their “stimulus” programs, minimum wage laws and taxes designed to redistribute wealth to the poor and middle class.Details